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ABB ABB Ltd

37.13
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ABB Ltd NYSE:ABB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 37.13 0 01:00:00

ABB to Supply Electrification, Drive Tech for Metsa Group Mill

14/05/2020 8:51am

Dow Jones News


ABB (NYSE:ABB)
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From May 2019 to May 2024

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   By Cristina Roca 
 

ABB Ltd. said Thursday that it has won a contract to supply electrification and drive technology for a Finnish bioproduct mill.

The Swiss company has signed a preliminary binding agreement with Metsa Fibre, which is the world's largest producer of softwood pulp and is part of Metsa Group.

The order is worth about 40 million euros ($43.3 million) and production at the new mill could start in 2023, ABB said.

 

Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca

 

(END) Dow Jones Newswires

May 14, 2020 03:36 ET (07:36 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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